Recurring deposit An investment as small as Rs. 100 (and in multiples of Rs. 10 there after) or as large as Rs. 1,00,000 per month.A minimum tenure of 12 months up to a maximum tenure of 5 years.For a much smaller investment per month, get interest rates equal to that of regular Fixed Deposits.Grace Days Facility is 5 days. If the installment is paid within 5 days of the installment due date, the customer will not be charged any penalty.